Oregon’s Legislative Revenue Office (LRO) released its much-anticipated report today on Initiative Petition 28 (IP28). If adopted in November, IP28 would raise the state’s minimum tax on large corporations to 2.5 percent...
- Federal Income Tax Payments by Income Percentile, 2009
Federal Income Tax Payments by Income Percentile, 2009
Key Findings Marijuana tax collections in Colorado and Washington have exceeded initial estimates. A mature marijuana industry could generate up to $28 billion in tax revenues for federal, state, and local governments, including $7 billion in...
Key Findings The combined top federal tax rate on equity-financed corporate income in the United States is 50.47 percent, compared to a top federal tax rate of 43.4 percent on other business income. Equity-financed corporate income is subject...
Join the Tax Foundation's fight for sound tax policy Go
Tax Policy Blog
The official weblog of the Tax Foundation.
Tax By State
For information on your state, select it from the drop-down menu.
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask